Steel News

SSAB, Scania Sign LOI on Low-CO2 Steel

14 November 2023 - SSAB has signed letter of intent with a major customer to decarbonize steel deliveries in 2030, the company has announced.

Outokumpu Takes Position in Biocarbon Producer

13 November 2023 - Stainless steel producer Outokumpu has acquired a 20% stake in a biocarbon producer, a move that locks up a supply of the material.

Nucor Announces 2050 Net-Zero Goal

13 November 2023 - Nucor Corp. has set a goal to achieve net-zero emissions target for 2050 under the Global Steel Climate Council’s Steel Climate Standard.

JSW Steel USA Rail Project Secures US$500K Grant

13 November 2023 - JSW Steel USA has been awarded a US$500,000 grant that will help cover costs of two rail projects at its Mingo Junction, Ohio, facility.

Danieli Contracted for Wire Rod Mill Build

09 November 2023 - Danieli has won an order for a new wire rod line that will serve an Italian long products mill.

PT Krakatau Steel Contracts SMS group for HSM Overhaul

09 November 2023 - Indonesian steel producer PT Krakatau Steel has signed SMS group to modernize the No. 1 hot strip mill in Cilegon, Banten.

Outokumpu to Reorganize German Operation

08 November 2023 - Stainless producer Outokumpu is restructuring its Germany operation, impacting approximately 200 jobs.

British Steel Announces EAF Conversion

07 November 2023 - British Steel has unveiled a GBP1.25 billion plan to decarbonize its steelmaking process by converting to electric arc furnace (EAF) steelmaking.

SSAB Calls Off Development of Hydrogen Reduction Plant

03 November 2023 - SSAB and Finnish energy company Fortum are dropping plans for a hydrogen-reduced sponge iron plant in Raahe, Finland, the steelmaker has said.

Sandvik Secures Green Steel Supply for Mine Hauling Equipment

03 November 2023 - Mining equipment maker Sandvik AB has signed SSAB to supply fossil-fuel-free steel for its loaders and trucks, according to an announcement.

It's All Coming Together: Algoma Steel Links Skeleton of EAF Building

02 November 2023 - Algoma Steel’s electric arc furnace (EAF) installation has reached a new construction milestone as the company has put in place the last of four crane girders, according to a regional business publication.

H2 Green Steel, Porsche Sign Supply Agreement

31 October 2023 - Steel startup H2 Green Steel has signed an agreement with Porsche AG to supply the automaker with CO2-reduced steel.

thyssenkrupp Starts New Cold Rolling Mill

31 October 2023 - thyssenkrupp has rolled the first coil on its Primetals Technologies-built 2-stand reversing cold mill, a centerpiece production unit that will help it meet demand for silicon steel.

U. S. Steel Unveils Electric Locomotives at Two Pennsylvania Facilities

30 October 2023 - Taking a step toward meeting its sustainability goals, United States Steel Corporation has converted two diesel switcher locomotives to battery-operated locomotives, the steelmaker said Monday.

Essar Group Laying Plans for US$4 Billion Mill in Saudi Arabia

30 October 2023 - India’s Essar Group plans to invest US$4 billion in a low-CO2 steel plant in Saudi Arabia, reports the Bloomberg news service.

ArcelorMittal Plant Signs MOU for Green Hydrogen Pilot Facility

30 October 2023 - ArcelorMittal Tubarão and electric utility EDP will explore the potential for a green hydrogen pilot plant under a newly signed memorandum of understanding, EDP has announced.

Portuguese Mill Taps Danieli Service for Pickling Line Project

30 October 2023 - Brazil’s CSN Group has contracted Danieli Service to upgrade a pickling line payoff reel at its Lusosider Aços Planos S.A. mill in Portugal.

U. S. Steel Remains Tight-Lipped on Sales Process

27 October 2023 - United States Steel Corporation is continuing to work through its strategic alternatives review but is remaining mum about its progress to date.

Salzgitter Signs Renewable Power Purchase Agreement

27 October 2023 - Salzgitter has signed a long-term power purchase agreement (PPA) with a solar energy developer in Germany, securing 80 MW of green power.

Cleveland-Cliffs Receives U.S. Energy Department Distinction

26 October 2023 - The U.S. Department of Energy (DOE) has recognized Cleveland-Cliffs Inc.’s efforts to reduce carbon dioxide emissions, naming it a GHG Emissions Reduction 2023 Goal Achiever.